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Comment for Proposed Rule 75 FR 3281

  • From: Brian Starkey
    Organization(s):

    Comment No: 3700
    Date: 1/25/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03700
    From:
    Sent:
    To:
    Subject:
    brian
    Monday, January 25, 2010 5:38 AM
    secretary
    Regulation of Retail Forex RIN 3038-AC61
    RIN 3038-AC61
    Dear Mr. David Stawick,
    Secretary, Commodity Futures Trading Commission,
    I would like to tell you my concerns of the new rule proposed for retail traders. I
    believe it should be the choice of the traders to choose the leverage offered.
    Since this is the United States of America and it is to be decided by the people
    and supported by the people, I think the leverage should be at 100:1. I
    understand there is a lot of fraud in the forex market and needs to be monitored
    but also should be asked to the people and what they feel is correct for the rules
    and decisions also. There has been many changes with out any say of the
    people of this great country, only told of the changes, this is not how this country
    became great and not how it runs as a country, so please take this under
    advisement and understand the decisions of the traders and workers of this
    country, thank you for your time and understanding,
    Brian Starkey
    Forex trader
    American citizen